Grab to acquire Singapore's third-largest taxi operator Trans-cab
The transaction is expected to close in the fourth quarter of 2023.
Source: dealstreetasia.com
Stay updated with breaking news from Mobile Display Units. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The transaction is expected to close in the fourth quarter of 2023.
What will be acquired? And why is Grab and Trans-cab agreeing to this transaction?
Grab Holdings Inc's (NASDAQ: GRAB) private-hire car rental arm Grab Rentals Pte. Ltd.